Spread Truth Ministries INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Spread Truth develops training materials and resources to help christians confidently share christ in relevant and loving ways.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
Run by 15 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $116K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 6.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $224K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$227K
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+32% vs prior year
Spent
$1.5M
To programs
73%
Net assets
$601K
By yearFY2020–FY2024
Revenue
$1.8M
FY2024▲ +32%
Tap a bar for its year
Revenue by fiscal year
FY2020$899K
FY2021$1.2M
FY2022$927K
FY2023$1.4M
FY2024$1.8M
Expenses
$1.5M
FY2024▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$886K
FY2021$947K
FY2022$1.0M
FY2023$1.3M
FY2024$1.5M
Net assets
$601K
FY2024▲ +120%
Tap a bar for its year
Net assets by fiscal year
FY2020$36K
FY2021$245K
FY2022$168K
FY2023$273K
FY2024$601K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $1.1M Management & general 7% · $102K Fundraising 20% · $293K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990; $81K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$80,908Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A

William McCorkle’s $81K as Executive Director is at the 35th percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
William McCorkle$80,908$82,408$77,214$69,033$65,699

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Spread Truth Ministries INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains Christians to share their faith lovingly and relevantly.

Questions for Spread Truth Ministries INC

Tap to ask. Spread Truth Ministries INC sees how many people are interested.

Your first name shows with your question. Spread Truth Ministries INC answers here, for everyone.

3 programs · $1.1M · in their own filed words · FY2024
01

Spread truth continues to develop more resources in print, app, film and web content. Spread truth has continued translations of existing and new materials into more and more world languages in order to better reach those in need of hearing the gospel message.

$467Kprogram expense
02

Spread truth has a program in kenya and surrounding areas of africa. The goals are the same as spread truths main mission - reach the lost and train up christians to share their faith confidently. This is done in many similar ways to the U.S.

$393Kprogram expense
03

Spread truth teaches and equips individuals to engage with others and share their faith through on-site training. Hands-on ministry teaching and evangelizing are designed to equip and develop a christians ability to be confident as they share the full story of the gospel message.

$211Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$222K
Investment incomeLn 3$6K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.1M
Managementcol C$102K
Fundraisingcol D$293K
Owns and owesPt X
$601K
net assets · Ln 32
Cash and savingsLn 1–2$807K
Total assetsLn 16$828K
LiabilitiesLn 26$227K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Fundraising eventsLn 1c$74K
Fees for servicesLn 2g$222K
Investment incomeLn 3$6K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$201K
SavingsLn 2$605K
Cash and savings togetherLn 1–2$807K
Land, buildings, equipmentLn 10c$464
Total assetsLn 16$828K
LiabilitiesLn 26$227K
Net assetsLn 32$601K
OperationsPt I, VI
EmployeesI 58
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$379K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$414K$807K
Land, buildings, equipmentLn 10c$464
Total assetsLn 16$455K$828K
LiabilitiesLn 26$182K$227K
Net assetsLn 32$273K$601K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$379K$379K
Pay of current officers, directors and key staffLn 5$129K$32K$97K
Other salaries and wagesLn 7$407K$211K$46K$149K
Other employee benefitsLn 9$9K$3K$363$5K
Payroll taxesLn 10$29K$15K$3K$11K
Accounting feesLn 11c$5K$783$4K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$85K$85K$89
Office expensesLn 13$47K$19K$18K$10K
Information technologyLn 14$61K$51K$4K$6K
OccupancyLn 16$20K$20K
TravelLn 17$231K$229K$403$2K
InterestLn 20$11K$4K$7K
InsuranceLn 23$2K$132$2K
Other expenses (24a–d)Ln 24$47K$38K$249$9K
Total functional expensesLn 25$1.5M$1.1M$102K$293K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Dec 2, 2025 $1.8M$1.5M$328K$601K 990 PDF
FY2023Filed with the IRS Nov 13, 2024 $1.4M$1.3M$105K$273K 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $927K$1.0M−$77K$168K 990 PDF
FY2021Filed with the IRS Nov 13, 2022 $1.2M$947K$209K$245K 990 PDF
FY2020Filed with the IRS Nov 12, 2021 $899K$886K$12K$36K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,794,117 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,165,584$1,575,250
I-9 Program service revenuePrior year $168,782$222,315
I-10 Investment incomePrior year $2,479$5,604
I-11 Other revenuePrior year $21,101−$9,052
I-12 Total revenuePrior year $1,357,946$1,794,117
I-13 Grants and similar amounts paidPrior year $328,977$379,407
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $486,731$573,238
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $436,925$513,366
I-18 Total expensesPrior year $1,252,633$1,466,011
I-19 Revenue less expensesPrior year $105,313$328,106
Part VI · Governance 8 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,794,117 across 8 lines filed
Lines not itemized here account for $667 of total revenue; see the IRS return.
VIII-1c Fundraising events$73,635
VIII-1f All other contributions, gifts and grants$1,501,615
VIII-1h Total contributions, gifts and grants$1,575,250
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $222,315$222,315
VIII-3 Investment incomeExcluded from tax $5,604$5,604
VIII-8 Net income from fundraising eventsExcluded from tax −$12,576−$12,576
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,857$2,857
VIII-12 Total revenueRelated to mission $225,839 · Unrelated business $0 · Excluded from tax −$6,972$1,794,117
Part IX · Statement of functional expenses $1,466,011 across 15 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $379,407$379,407
IX-5 Pay of current officers, directors and key staffPrograms $32,227 · Fundraising $96,681$128,908
IX-7 Other salaries and wagesPrograms $211,184 · Management $46,444 · Fundraising $148,880$406,508
IX-9 Other employee benefitsPrograms $3,331 · Management $363 · Fundraising $5,351$9,045
IX-10 Payroll taxesPrograms $14,868 · Management $2,864 · Fundraising $11,045$28,777
IX-11c Accounting feesManagement $783 · Fundraising $4,250$5,033
IX-11g Other fees for servicesPrograms $4,305$4,305
IX-12 Advertising and promotionPrograms $84,900 · Fundraising $89$84,989
IX-13 Office expensesPrograms $18,677 · Management $18,485 · Fundraising $9,758$46,920
IX-14 Information technologyPrograms $51,070 · Management $3,608 · Fundraising $6,031$60,709
IX-16 OccupancyManagement $19,829$19,829
IX-17 TravelPrograms $229,266 · Management $403 · Fundraising $1,782$231,451
IX-20 InterestPrograms $3,718 · Management $7,332$11,050
IX-23 InsurancePrograms $132 · Management $1,520$1,652
IX-24 Other expenses (24a–d)Programs $37,936 · Management $249 · Fundraising $9,243$47,428
IX-25 Total functional expensesPrograms $1,071,021 · Management $101,880 · Fundraising $293,110$1,466,011
Part X · Balance sheet $828,361 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $95,153$201,279
X-2 Savings and temporary cash investmentsStart of year $318,351$605,464
X-8 Inventories for sale or useStart of year $41,279$21,154
X-10c Land, buildings and equipment, net$464
X-16 Total assetsStart of year $454,783$828,361
X-17 Accounts payable and accrued expensesStart of year $38,779$84,251
X-26 Total liabilitiesStart of year $181,779$227,251
X-27 Net assets without donor restrictionsStart of year $273,004$333,728
X-28 Net assets with donor restrictions$267,382
X-32 Total net assets or fund balancesStart of year $273,004$601,110
X-33 Total liabilities and net assetsStart of year $454,783$828,361
Part XI · Reconciliation of net assets $601,110 net assets at year end
XI-1 Total revenue$1,794,117
XI-2 Total expenses$1,466,011
XI-3 Revenue less expenses$328,106
XI-4 Net assets at start of year$273,004
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$601,110

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.